Amazon Prepares For Mass Job Cuts As Sales Slow

Nov 16, 2022 · 58s
Amazon Prepares For Mass Job Cuts As Sales Slow
Description

Amazon is preparing to cut thousands of office jobs amid slowing sales and concerns about an economic downturn. US media reported that the reductions could affect roughly 3% of the...

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Amazon is preparing to cut thousands of office jobs amid slowing sales and concerns about an economic downturn.
US media reported that the reductions could affect roughly 3% of the office staff at the e-commerce giant - or about 10,000 people.
The cuts are expected to affect divisions such as personal devices and e-commerce.
Amazon did not respond to a request for comment.
The company had already introduced a hiring freeze and halted some of its warehouse expansions, warning it had over-hired during the pandemic. It has also taken steps to shut some parts of its business, cancelling projects such as a personal delivery robot.
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Author Africa Business Radio
Organization Africa Business Radio
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